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Non-Tech : Any info about Iomega (IOM)?

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To: Gary Wisdom who wrote (38902)12/8/1997 7:14:00 PM
From: Ken Pomaranski  Read Replies (3) of 58324
 
To all (or most):

The biggest problem I see here is that most of you are focused on
the hour by hour (or in some cases minute by minute) movements in
the stock price. Short term price movements are governed by Chaos
theory! No sense explaining it, because there is no explaination.
Do you think the holders of 4 million shares all got together in a
room and planned today out? C'mon guys!

You have to have a moderate / long term view. Think of it this way:
I have absolutely NO idea if it's going to rain this Friday or not
(and definitely not how much), but I can tell you that it's going to
rain about 25 inches next year. I can't tell you Iomega's price
tommorrow, but I can tell you with fairly good certainty that it
will be higher in 2000 than today. Time is your friend, but you treat
it as though it was an enemy...

Most will eventually lose all their money (and give up on the market)
by trying to guess the chaotic day to day.

kp
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